Home Depot earnings: $1.97 per share, matching expectations

August 16, 2016 10:23 AM

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Home Depot Tuesday reported earnings and revenue that fell roughly in line with Wall Street's estimates, as the world's largest home improvement retailer continued to reap the benefits of a strong housing market.

The retailer likewise reiterated its sales guidance for the year, and raised its earnings forecast. Home Depot shares were relatively unchanged in pre-market trading.